Get started

Cypto

Expansion exposure -- Recap of MKRWe analyzed the fundamentals and technical aspects of Maker DAO in early April. Let's take a look at the changes after a month. Fundamentally, as the head protocol of RWA, MakerDAO is famous for its security. But after ONDO established cooperation with BlackRock fund BUIDL. MakerDAO chose to expand its $600 million DAI exposure to Ethena’s USDe and sUSDe. This may be due to the continued strength of ONDO. However, it is dangerous for an over-collateralized stablecoin to open up exposure to a centralized stablecoin (USDe is based on the funding rate arbitrage model to generate high returns and high risks. We will explain it in a subsequent analysis if we have the opportunity). After its implementation, multiple DeFi protocols that adopted DAI, such as AAVE, began to consider reducing the share of DAI to avoid risks. We represent ENA (Ethena’s token) with a yellow line in the figure. MakerDAO said on April 9 that it was expanding its exposure. The impact of this aggressive move on the price was obvious. After that, MKR continued to pull back and the bulls weakened. On the TSB indicator we can see that although the bar bounced back after touching the wavy zone multiple times, the bulls were encouraged. However, the TSB indicator prompted a SELL signal today, which shows that at the daily level, MKR's bullish trend is temporarily over. If you are long MKR based on the TSB indicator, you can first consider taking profits. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
Bitcoin and the Engineering of a Mass 2-Way LiquidationBitcoin is set up to perform a two way liquidation any moment now - as it corresponds to DXY. The chart is loaded with stop orders shown respectively as buy orders in green and sell orders in red. This is how the chart engineers such moves to perform at such speed without reliance on retail traders at all - the orders are embedded in the chart itself. Think of lighting the fuse of a chain of explosives that accumulate more and more momentum in a big chain reaction. Look at my levels shown here for liquidation top and bottom - Bottom is the entry of a bull market to 60,000 or more. God speed and be safe.
by DickDandy
ExpectationsIt's important to have some expectations. Not much has changed since I last posted, at least not in terms of going risk-on. If anything the fundamentals are even more bearish, technicals are reflective of that, and thirdly mechanicals such as derivatives are not looking hot. In order to even consider anything risk-on, the price action will have to severely disobey the bearish structure marked in the chart. There's a lot of margin calls going on right now behind the scenes, among other things, and I don't see these being priced in at this moment. The BOE says it will stop its corporate bond buying program on Friday and the market is going to reveal if that's true or not. I think there will be more "rescue" buying after the next projected leg down, and not a moment before. To void this idea, I would need to see BTC break hard above 20k and take out 24k, DXY break bearish for several months, and bonds rally and not just keep lingering down. With the Nasdaq setting new lows it's hard for me to envision any sincere buying while big players are capitulating. Liquidiations are ongoing and I do not believe this is any sort of long-term bottom, although possibly a bottom for some sort of insane short midterm elections rally, which technically speaking could happy, but the chance of that is becoming less and less, UNLESS a crash were to happen first. One more reason to anticipate lower prices. All of this manufactured monetary expansion has baked failure into the heart of the system, specifically at the corporate and central bank levels, and it needs to fail in a speculator way before risk-taking is profitable again. And by speculator I meant something like the Euro collapsing and GBP failing much further, something along those lines, and not just some modest price corrections. In order to come up with the 80 weeks or 230 weeks moving averages used in the chart, I simply looked at where support was established and then violated (red circles), with further downward price action. The latest action (2) has all the ingredients, it's just missing the further price action. This makes me think that downward prices have a higher probability. Good luck and don't forget to hedge your bets!
CRYPTOCAP:TOTALShort
by fringe_chartist
4
RLinda ! ETHUSD-> Bears show strength. What to expect?ETHUSDT is in the phase of continuation of the global trend. The descending price channel is forming and there are new preconditions to the fact that the fall may continue. Let's look into it: Last weekend we saw the biggest surge in new addresses for 2022. Within days, the number of new addresses appearing on the network reached 135,780, an 11.1% increase. At the end of those days, not only did ETH quotes not rise, which many expected as a reaction, but they collapsed by 3%. If you compare the current surge to those before it, the network's reaction has always been accompanied by a 10% to 15% increase. Ethereum has fallen below support at $1279.75. The second flagship crypto-asset is showing bearish signs, and there is a risk of a strong price decline down to 1050 and even worth considering the 2021 - 2022 global low: $881.56 liquidity zone ETHUSDT forms a price channel that coincides with the global trend - The price breaks through a strong support level of 1280 - A Triangle pattern is forming on the local chart. At the moment, the support of the pattern is being broken -Price is trading below MA200 and MA50 On the local chart, we can see the formation of the pattern "triangle" and an attempt by the price to break the support level. This maneuver already indicates the mood of the market to continue its downward fall. I expect a breakdown of the triangle support and a breakdown of the strong support level at 1279.75 and a continuation of the downfall in the direction of the global trend. The short-term target is support at 1018 Regards R. Linda!
Short
by RLinda
30
$CRO spot buy 15th of july at 0.1227As I mentioned in my $ALGO spot buy, the 50 MA also crossed the 200 MA what could lead to a bullish sentiment. At the right side of the chart you see the VWAP indicator. The big candles stands for the volume at that price range, at that price range I searched for S/R levels. If we flip the first higher low (green cup drawing) I believe the uptrend will follow up, TP's are in the chart. If you have any tips or feedback let me know pls! Enjoy your evening!
COINBASE:CROUSDLong
by Amsterdamcake10
BTC - History doesn't always repeat itself but it often rhymesComparing the two run up Bitcoin had during 2021, we notice a lots of similarities. Most of us anticipated a blow off top and it didn't really happen. We see lots of similarities between November 16th, 2020 - June 22nd, 2021 and June 22nd, 2021 - January 6th, 2022. If history of 2021 is any indication of what may happen, we may see Bitcoin trend sideways until the end of the month the begins its way back upwards during early February. One thing that does differ is that the first runup was ≈218 days and the second run up was ≈198 days, which have a difference of about 10%. Since history does tend to rhyme I would suspect that if it were to repeat itself again that it would do so faster than before. (This would be required if bitcoin would see a blow off top) Some fun speculation if Bitcoin were to repeat itself again at 10% faster again, the next All Time High before a correction would be on ≈May 9th, 2022, and the low would be on June 2nd, 2022. Using this information would put the next All Time High at 71.5k followed by a correction to 51k. Also, comparing the bar patterns in the blue and orange to prior Bitcoin price actually has a lot of TA that would agree with it potentially happening. This is all pure fun speculation, expect the unexpected.
BITFINEX:BTCUSDLong
by TanHef
3
BTC Bar Pattern and Pi-Cycle A bar pattern of the Jan-May higher high's has been taken and over-layed the current structure. The DMA's are the Pi-Cycle top model (top is a moving avg of 350*2, bottom is a 111 day MA) have served as critical lines of resistance and support. What am I watching? - First, the bar pattern is clearly similar, however, less explosive. (Less buying power and investor impetus). - In order to stage a leg to the downside, we must complete the LH from a top and break the 111DMA. - Trend Line has to be broken. - Lastly, strong sell volume can be appreciated during a top, followed by weak buying volume the following top. Just my .02 Cheers
by wachterxc
ALICE looks bullish but need to breakout the symmetric tringle!!Technical analysis: #ALICE coin(Daily update) * ALICEUSDT is try to BREAKOUT the Symmetric tringle pattern, the beginning of an uptrend is expected from here. *The price is trading ABOVE both MA's (50- MA and 21 MA) as well as trend line , golden cross is also happen on the daily chart . * LOOK too bullish when ever its trade above the both MA's but need to break the symmetric triangle as well as rising wage pattern too. * RSI above the 55 that's means bulls are upper hand and already breakout its resistance, it will take momentum from here.. Take Profits, TP1= @ 25.76 TP2= @ 37.42 TP3= @ 59.95 TP4= @ 85.78 TP5= @ 99.75 next to the moon lol SL=close BELOW 9$ on daily bases. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #ALICECOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
by Bitking786